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New Mexico Ranches for Sale! New Mexico Ranch Real Estate for Sale! New Mexico Land for Sale! New Mexico Ranch Land for Sale! Antelope Ridge Ranch
TERRAIN
& VEGETATION: Rolling
hills with shallow draws is a broad-brush description of the terrain
The
ranch is divided into 16 pastures and 3 traps and is probably best
operated with several scattered cow herds that each have separate summer
and winter ranges or pastures.
A conservative stocking rate for the ranch most years would be 750
pairs plus bulls. A new, very large set of pipe corrals containing sorting ally, working ally and squeeze chute and 2 round pens is located in about the center of the ranch, 200 yards off of pavement. A nearly new 5,000-square foot metal shop/barn joins the main corrals. This shop/barn has concrete floors and is insulated and has 220 volt power throughout. Another
large set of metal pens in good condition is used for working cattle in
the western pastures of the ranch. A
small set of metal pens sits beside the highway on the eastern side of the
ranch. The cattle handling facilities on the Antelope Ridge Ranch
are solidly built to handle large numbers of cows and calves. A
large portion of the boundary fencing on the ranch has been replaced with
the help of neighbors in ADDITIONAL
IMPROVEMENTS: A small,
but very nice 2-bedroom, 1-bathroom hunting lodge is located near the barn
and main corrals. The lodge
features central heat/air, a Jen Air range and a covered patio with a
large steel outdoor cooker. The
foreman’s home is a large double wide situated ½ mile away from the
headquarters. OIL
FIELD OPERATIONS: The
Antelope Ridge Ranch like much of Lea County has oil and gas operations in
place. The 25,000 deeded
acres belonging to the ranch owner will be conveyed, surface only, upon a
sale of the ranch due to prior reservations of the minerals under that
acreage. The ranch owner has
benefited from water and caliche sales to oil companies as well as surface
damage and easement payments. Oil
field related payments to the ranch over the last 10 years have averaged
over $180,000 annually; however, in recent years these payments have been
going up. There are areas on
the ranch with little or no oil field activity and other areas where oil
field activity is fairly concentrated.
Cattle on the ranch seem used to the intrusion and tend to ignore
the activity. Some of the
livestock drinkers and feeders are actually set WILDLIFE:
The Antelope Ridge Ranch has a very large population of blue or
scaled quail. Mule deer are
scattered throughout the ranch; and pronghorn antelope live in the more
open, flatter country. TAXES
& FEES: Lea County
real estate taxes for last year were $704.73.
The current State Grazing Lease fee is $.60 per acre for a total of
$17,036.13 on 28,319.06 acres. The
current BLM allotment fee is 2,057.40. PRICE:
$4,700,000 BROKER’S COMMENTS: We have buyers tell us on a regular basis that they would be interested in a particular ranch property if it just produced a little more income. Well, here is a good cow ranch that has a proven track record of producing significant extra income each year. The Antelope Ridge Ranch has good improvements in place and ready to facilitate a large cattle enterprise. So many large lease ranches in southeastern New Mexico have just a few deeded acres to go with a huge percentage of state and BLM lease acres – the Antelope Ridge Ranch is 42% deeded; however, the animal unit cost is right there with the poorly improved 90%+ BLM lease ranches. Come take a look at this big cow outfit and see if you don’t agree with us that it is the best buy in a good cow ranch in southeastern New Mexico. For more information call DAVE KERN or BILLY HOWARD @ 575-762-3707 Dave's Cell # 575-760-0161 or Billy's cell at 575-799-2088 Kern Land, Inc. is a transaction broker for the seller of this property. As the seller’s transaction broker we represent the seller, and we are paid by the seller. This property is offered subject to prior sale, change in price, or removal from the market without notice. All information shown in the brochure, while based upon information supplied by the seller and from other sources deemed to be reliable, is not in any way warranted by Kern Land, Inc. or its agents. |
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